LVT had a very good scaleable business. I acted based upon the ARR etc etc which overnight turned out to be BS and for which nobody has given any explanation. Who was the research for? It was $25M a year in fees per the books. After loverboys lost control the costs were brought under control pretty quickly. Imagine if it had been run with discipline. They would have been in profit years previously. Down to a couple of thieving obnoxious individuals who took $1M each in salary per annum. Good profits are made from opportunities in small companies and I think LVH has got its model correct. You appear to be sitting on the sideline picking established companies and dont have the spare money or the risk taking personality that is probably required to buy into some places.
LVT had a very good scaleable business. I acted based upon the...
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $4.066M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $1.487K | 135.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 512558 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 220381 | 2 |
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| Last trade - 12.23pm 28/06/2024 (20 minute delay) ? |
| LVH (ASX) Chart |